by Quinns Blog | Jun 17, 2020 | Uncategorized
Last week the Design and Building Practitioners Act 2019 (the Act) and the Residential Apartment Buildings (Compliance and Enforcement Powers) Act 2020 (the RAB Act) passed NSW Parliament. The following information provides a brief overview of the new laws. We will...
by Quinns Blog | Jun 10, 2020 | Uncategorized
The personal services income measures (the PSI rules) aim to provide similar tax treatment for personal services income (PSI), whether derived by an employee or a contractor. They also aim to prevent certain taxpayers from ‘alienating’ their PSI to another entity....
by Quinns Blog | Jun 3, 2020 | Uncategorized
The Federal Government has provided companies and boards much needed certainty about how they can meet their legal obligations over the next six months during the coronavirus pandemic. The changes recently announced and effected as of 6 May 2020 allow companies to...
by Quinns Blog | Apr 7, 2020 | Uncategorized
Small businesses impacted by COVID-19 shutdowns will receive grants of up to $10,000 under a new assistance scheme announced by the NSW Government on 3 April 2020. The NSW Government will put $750 million into the Small Business Support Fund as the centrepiece of a...
by Quinns Blog | Oct 30, 2019 | Blog, Uncategorized
Section 192 of the Corporations Act 2001 (Cth) provides general obligations that apply to holders of an Australian Financial Services Licence (AFSL). These obligations state that an AFSL holder must, ‘do all things necessary to ensure that the financial services...
by Quinns Blog | Aug 8, 2019 | Blog, Uncategorized
Hill v FCT (2019) AAT 1723 The Tribunal has held that a taxpayer who traded shares was not carrying on a business, and therefore, was not entitled to claim losses or carry them forward in the 2015, 2016 and 2017 income years. It was found that overall the share...
